Amidst economic turmoil, many have turned to fraudulent methods to secure business financing. Lenders should prepare for it to get worse in the months ahead.  

In a webinar hosted by Tax Guard earlier this year, experts Rachel Libowitz, Senior Tax Advisor, and Jessica Bramlett, former Director of Customer Success, provided in-depth analysis and guidance on the complexities surrounding IRS collections and tax liabilities, and how they impact lenders and businesses.

Kapitus, a small business lender, needed assistance in reliably identifying applicant tax debts. They needed to collect tax transcripts to verify borrower information and prevent potential loan fraud. Find out how partnering with Tax Guard created peace of mind for this lender.

With today’s economic uncertainty, lenders seeking to protect their institutions from bad loans turn down small business credit applications at a higher rate than consumer applications. What’s the answer for small business lenders? Read more to find out.

When small businesses get desperate for cash, the inclination to commit fraud increases. Where can they cut costs? Not with their employees, who would leave if wages were slashed or …

Synthetic identity fraud has always been a significant concern for commercial lenders, but the era of COVID-19 has increased those concerns considerably.   The increase in digital transactions and, for some, …

Risk management is at the core of banking, but what does the rise of big data do to the practice of credit risk management of lenders? At Tax Guard, we …

Synthetic identity fraud is one of the most significant and problematic threats facing commercial lenders today. According to the U.S. Federal Trade Commission, it’s the fastest-growing and hardest-to-detect form of identity theft. …

“Trust is always earned, never given” -R. Williams In the old days, you could walk right into a bank, and they’d know you, your friends, where you lived, and where …